Baumer India, a part of Swiss sensor manufacturer Baumer Group is scaling up its operations in India. The company is planning to invest $10 million (around Rs 60 crore) in the next two years.
It will expand with new activities of sourcing local components from India and will manufacture electronic pressure sensors at Pune. The company, recently, set up an engineering, training and assembly center at Pune. This is the first-of-its kinds in Asia Pacific region. It has acquired Wapi based company Wari Instruments in 2010 for its pressure instruments.
“Over 20 per cent of our products from here are exported to countries like US , Latin America , China and Middle East. We have invested $25 million in India. In Pune, we will ramp up our operations by investing $10 million over next two years and increase the headcount from 30 to more than 100 people . Our next step at Pune after electronic pressure sensors would be to manufacture encoders and sensors in the next phase of expansion. The production will also be used for exports at a later stage,” said Oliver Vietze, CEO and chairman, Baumer Group.
He added, “The integration of the Indian market is essential part of the international growth strategy of Baumer. We will start with Indian market requirements but eventually the same products will be offered worldwide through Baumer Sales network.”
Sunil Hasabnis, managing director, Baumer India said, “The new activity to develop parts from local quality vendors for use in local assembly will be for products belonging to segments including sensor solutions, motion control, process instrumentation, vision technology and gluing systems. Depending on the success of this phase, Baumer will contemplate manufacturing of electronic Products of fast moving products and export to other Baumer units.
The local engineering team will also help Baumer factories worldwide develop and sourcing quality components form India.
According to Hasabnis, the Indian market for high technology products that Baumer offers is close Rs 400 crore where Baumer has a market share of 15 per cent in India. Sensor solution business for Baumer is one of the fastest growing with very innovative products introduced in the Indian market. This segment is continuing to grow at 50 per annum basis even under relative slow economic growth this year.
